• Pending home sales report gives hope to Houston real estate market
    After multiple reports showed a decrease in sales following the expiration of the first-time homebuyer credit, the latest figures from the National Association of Realtors says that sales may soon be on the upswing.The NAR's Pending Home Sales Index rose 5.2 percent compared to last month, surprising many analysts who had predicted a continued decline. […]
  • Community nonprofits to get first look at foreclosed properties
    Some of the country's biggest mortgage lenders have now reached an agreement with the Department of Housing and Urban Development to give local nonprofit organizations the ability to purchase foreclosed homes before investors have an opportunity to bid on them.The nonprofits have been operating under HUD's Neighborhood Stabilization Program, which […]

 

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Houston Area Neighborhoods: Alvin Texas

The Alvin area was settled in the mid-1800s by ranchers and cattlemen, and once the Santa Fe Railroad expanded into the area, a settlement was established along the railroad. Alvin was initially named Morgan in honor of its original resident, Santa Fe employee Alvin Morgan. Upon discovery the name Morgan had been taken, though, the [...]

Financial Reform Means Mixed News for Home Owners

Now that the Dodd-Frank financial reform bill is law, some are questioning whether it is actually good news for the average homeowner. And at 2,319 pages, the law doesn’t necessarily provide quick answers. In short, this legislation seems to be a mixed blessing for many, with a new batch of positive consumer protections along with some unintended consequences.

Can I Own Again After Foreclosure?

The deed is done: the phone calls have all been made, papers signed, keys handed over. Foreclosure. Sadly, it’s becoming more and more common in today’s real estate market as homeowners reach the end of their rope and have to let go of their homes. After the ink dries and things settle into a new normal, the inevitable questions come up: Can I own a home again? If so, when? What will I have to do to make that happen?

What Do Home Buyers Really Want?

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